22680 80 Av NW - Apartments FOR SALE


Edmonton, AB T5T 7R8- West
$9,200,000 CAD
833-696-3488
22680 80 Av NW, Edmonton, AB for Sale
$9,200,000 CAD
Apartments - FOR SALE
1/10
null | 4.76% Cap Rate

22680 80 Av NW
Edmonton, AB T5T 7R8
West


HIGHLIGHTS

  • Proximity to Major Employment Nodes
  • Infrastructure Expansion
  • Strong Retail & Amenity Anchors

OVERVIEW

A rare opportunity to acquire a turnkey 36-unit rental portfolio in Rosenthal, offering the scale of multifamily with the flexibility of individually titled real estate. Completed in 2023, this contiguous portfolio features 12 single-family homes, each designed with three separate income streams: a 1,292 sq. ft. 3BR/2.5BA main suite, a legal 527 sq. ft. 1BR/1BA basement suite, and a legal 504 sq. ft. 1BR/1BA garage suite above the double detached garage. Each suite offers modern finishes, including quartz countertops, stainless steel appliances, and separate laundry, while every property includes its own fenced yard. Professionally managed with fixed-term leases and potential for additional rental upside, this newer-performing portfolio is well positioned for long-term ownership. The 12 individual titles provide added flexibility, allowing investors to operate the portfolio as one income-producing asset while retaining the option to sell properties individually in the future. Ideally located near schools, the future Lewis Farms Rec Centre, Costco, River Cree Resort & Casino, and the major employment hub of Acheson.

FOR SALE DETAILS

PRICE

$9,200,000 CAD

PRICE/SF

$6,069 CAD /SF

# OF UNITS

36

PRICE/UNIT

$255,556

CAP RATE

4.76%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

36 Doors in Rosenthal

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2023

PARKING SPACES

48

LAND DETAILS

LAND ACRES

0.76 AC

LAND SF

33,106 SF

ZONING

RS

APN/PARCEL ID

7860658F014B64F04F1AB5168571A72D

ASK ABOUT THIS PROPERTY

Mark LoefflerLoeffler and Co.More Info
833-696-3488

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Mark LoefflerLoeffler and Co.More Info
833-696-3488

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.